Toluca, IL 61369 - Marshall County

Tuesday, December 5, 2023 - 10:00 AM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION

Marshall County, Illinois

The Marjorie Fenoglia Farm is located 5 miles southeast of Toluca, IL or 30 miles north of Bloomington, IL. The farm is further described as Section 35, T29N-R1E, Bennington Township, Marshall County, Illinois.

SELLER

Marjorie Fenoglia Farm

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

77.3 taxable acres 1 tract

This tract represents productive central Illinois farmland. Farmers & investors dont miss this opportunity!

TRACT INFORMATION

77.3 taxable acres

FSA records indicate 75.67 NHEL cropland acres

Productivity Index (PI): 131.1

Soil types include Rutland, Streator, and Wenona

Access along the north side from CR 100N and along the south side from CR 50N

REAL ESTATE TAX INFORMATION

PIN 14-35-200-004 - 77.3A - $2846.12

METHOD & TERMS

The Marjorie Fenoglia Farm will be sold on a price per acre basis, based on taxable acres.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Friday, January 12, 2024.

The seller will provide title insurance in the full amount of the purchase price. Open lease for 2024 crop year and beyond. Possession at closing, subject to an existing cash rent lease for the 2023 crop year. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold AS IS.

Marjorie Fenoglia Farm

Representing Attorney:

Ryan J. Anderson, Attorney at Law

611 Second Street, PO Box 174, Henry, Illinois 61537 | (309)364-2354

Auction Manager:

Kevin Haas (309) 264-7767